Savings
Every business needs to set aside money for big purchases or unforeseen challenges. A business savings account at First United Bank makes this job easy, allowing you to rest easy that your money is safe and ready when your company needs it.
| Business | Money Market | |
|---|---|---|
| Opening Requirement | $100 | $1,000 |
| Minimum Daily Balance | $100 | $1,000 |
| Monthly Service Fee (If balance falls below the minimum) | $3 | $10 |
| Earns Interest (1) | √ | √ (tiered) |
Contact bank for interest rates. Fees could reduce earnings on account.
1. Interest is accrued daily and compounded monthly.
Tiered Rates
- Based on account balance
- Pays interest on full balances that correspond to the applicable deposit tier